I was looking for a single family residence for me to potentially start a family in one day.

No surprise, but most lenders won’t touch a DIL.On the other hand, some lenders also flip houses or hold properties, so if the home is in good shape with equity or the potential to drive equity, they could be interested in owning it.

"But can't you see the potential?"

Purchase price: $500,000 Cash invested: $100,000 Purchase aimed at creating a steady income stream, while also offering significant potential for long-term appreciation.

Those would be your best bet.

Currently thinking a DSCR or Private money lender would be best bet.

Given that we like skiing as a family activity and wouldn't mind moving to Colorado at some point this seemed like a potential option.Where I'm struggling on this is that it seems that the economics don't really make sense given property prices, mortgage rates, and occupancy.

@Cp Rahaim,Typically the airbnb estimators focus on your potential revenue.

By investing in quality renovations, I hope to enhance the value and appeal of my home, as well as potentially lower my insurance costs.Strategic Renovations to ConsiderAddressing Four-Point Issues: I've addressed the issues that needed to be rectified before obtaining conventional financing.

They show you potential savings - if everything works in your favor.